000			02839nam a22002057a 4500
005			20230809145326.0
008			230104b ||||| |||| 00| 0 eng d
020			_a9780367762926
082			_a339 _bMCD
100			_aMcDonald, John F. _913269
245			_aRethinking macroeconomics: _ba history of economic thought perspective
250			_a2nd
260			_bRoutledge _aNew York _c2022
300			_aviii, 239 p.
365			_aGBP _b39.99
504			_aTable of Contents 1 Rethinking macroeconomics: introduction to economics 2 Keynesian theory and policy 3 Keynesian theory after Keynes 4 The Monetarist school of thought and monetary policy rules 5 Austrian capital and business cycle theory 6 Real business cycles and supply-side economics 7 Modern Monetary Theory 8 The Great Depression 9 The war years and postwar recovery 10 The 1950s and 1960s: a time of economic growth 11 The years of stagflation 12 Japan: economic miracle to lost decade 13 The Great Moderation 14 Financial crisis and deep recession 15 Economics of the European Union 16 COVID-19 and the economic collapse of 2020 17 Conclusion: what approaches do people in authority use?
520			_aMacroeconomics has always played host to contesting schools of thought, but recent events have exacerbated those differences. To fully understand the subject, students need to be aware of these controversies. Rethinking Macroeconomics: A History of Economic Thought Perspective introduces students to the key schools of thought, equipping them with the knowledge needed for a true understanding of today’s economy. The text guides the reader through multiple approaches to macroeconomic analysis before presenting the data for several critical economic episodes, all in order to explore which analytical method provides the best explanation for each event. It covers key background information on topics such as the basics of supply and demand, macroeconomic data, international trade and the balance of payments, the creation of the money supply, and the global financial crisis. This anticipated second edition contains new chapters on Modern Monetary Theory, the Japanese economy, the European Union, and the COVID-19 crisis, bringing the story up to date and broadening the international coverage. Offering the context that is missing from existing introductory textbooks, this work encourages students to think critically about received economic wisdom. This is the ideal complement to any introductory macroeconomics textbook and is ideally suited for undergraduate students who have completed a principles of economics course. The book is fully supported with additional online resources, which include lecture slides and an instructor manual.
650			_aMacroeconomics _913270
942			_2ddc _cBK
999			_c3988 _d3988